By 2050, two-thirds of all humanity will be urban. Growing interconnectivity, ballooning populations and climate change all add up to the pressing need for smart infrastructure. Technology such as smart grid control, storage solutions and building automation can improve the energy efficiency and reliability of our environments - a crucial part of implementing multiple United Nations Sustainable Development Goals.
Financing plays a vital role in enabling such technological transition. However, in times of limited public funding or commercial budget constraints, many policymakers and business owners are not fully aware of the financing possibilities that can help manage risks, reduce initial costs, or make complicated projects bankable.
At Siemens Financial Services, we understand the complex investment decisions behind the digital technologies that matter – by combining our deep technological knowledge and financing expertise.
Smart finance for smart cities
A growing number of cities are approaching smart transformation through a series of infrastructure projects. Our global “SmartStart” study contains estimates for potential accessible funding that the top 40% of cities could be raising from private-sector asset finance such as e-vehicles and low-energy street lighting.
Click on the button below to learn more about the SmartStart accessible funding in 13 countries around the globe.
Energy data across these dynamic value chains can unlock economic benefits. From smart grids, low- and medium- power distribution to automation technology, intelligent energy solutions can be scaled by innovative financing models through understanding the data across operation interfaces.
By combining digitalization and flexible financing options, businesses can master energy like never before, unlocking savings and extra revenue for their next innovation lever, while ensuring power reliability, efficiency and security.
When engineering and financing solutions come together, buildings can unlock huge energy saving potential – in energy consumption and in cost. A good example of this is Siemens’ energy performance contracting for building technology in more than 10 countries – a combination of consulting, modernization services and customized financing. With this approach, customers do not need to make any initial investment – they simple use the energy cost savings to pay for the installments.
Worldwide, Siemens has modernized more than 5,200 buildings with Siemens' building technologies, with more than €1 billion in savings and more than 10 million tons of CO2 reductions.